Knife River Corporation (KNF)
Debt-to-capital ratio
| Dec 31, 2023 | ||
|---|---|---|
| Long-term debt | US$ in thousands | 674,577 |
| Total stockholders’ equity | US$ in thousands | 1,266,010 |
| Debt-to-capital ratio | 0.35 |
December 31, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $674,577K ÷ ($674,577K + $1,266,010K)
= 0.35
Peer comparison
Dec 31, 2023
Company name
Symbol
Debt-to-capital ratio
Knife River Corporation
KNF
0.35
Compass Minerals International Inc
CMP
0.61
Martin Marietta Materials Inc
MLM
0.33
MDU Resources Group Inc
MDU
0.44
Vulcan Materials Company
VMC
0.34